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Wednesday, 25 July 18
COAL MINER BUKIT ASAM'S PROFIT GROWS 50% IN FIRST HALF - JP
 Coal miner Bukit Asam announced 50 percent profit growth to Rp 2.58 trillion (US$177.33 million) in the first half of 2018, on the back of a coal-price increase and improved efficiency.
The company booked Rp 10.53 trillion revenue in the first half, 17 percent higher than the figure in the same period last year, while its sales increased 8 percent to 12.22 million ton.
“The price increased by 9 percent to 838,288 per ton on average,” said Bukit Asam corporate secretary Suherman in Jakarta on Monday as reported by kontan.co.id.
He said the company managed to press cost of revenue by 9 percent to Rp 6.1 trillion, while production volume increased by 19 percent, compared to the figure in the corresponding period of 2017, which was recorded at 11.36 million ton.
Suherman acknowledged that the domestic market obligation (DMO), which was decided at US$70 per ton, had affected the company’s revenue. Under the DMO scheme, the coal miner is required to sell 25 percent of its products to the local market, particularly to fuel power plants.
Bukit Asam aims this year to sell 25.88 million tons of coal, 53 percent of which to the domestic market, while the other 47 percent of the commodity will be exported.
However, not all coal produced by Bukit Asam for the domestic market is sold based on the DMO price because after fulfilling the DMO quota, the company sells the remaining coal to other miners unable to fulfill their DMO quota of 25 percent of production. The coal is sold according to market price.
Source: The Jakarta Post
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Tuesday, 26 June 18
A SHARP RISE IN THE PRICE OF CRUDE OIL WAS TO BE SEEN ON FRIDAY, ITS BIGGEST DAILY GAIN IN TWO YEARS - GEORGE LAZARIDIS
A sharp rise in the price of crude oil was to be seen on Friday, its biggest daily gain in two years, as OPEC reached a deal to raise output. Despi ...
Monday, 25 June 18
AUSTRALIA'S NEWCASTLE PORT SHIPPED 12.179 MT OF COAL IN MAY; DOWN 14.77% M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU1,453.6 Mi ...
Monday, 25 June 18
COAL IN THE CROSSFIRE: CHINESE TRADERS WARY OF BEING BURNT BY TRADE WAR - REUTERS
At least three U.S. coal shipments on their way to China may end up casualties of the escalating trade dispute after Beijing said it would impose s ...
Saturday, 23 June 18
COAL GROUP TARGETS 9 PER CENT REVENUE SPIKE - VIET NAM NEWS
Viet Nam News reported, the Viet Nam National Coal and Mineral Industries Group (Vinacomin or TKV) is targeting VNĐ116.9 trillion (US$5.1 billion) ...
Thursday, 21 June 18
ROBUST ASIAN THERMAL COAL DEMAND CREATES OPPORTUNITIES FOR AUSTRALIA - MINERALS COUNCIL OF AUSTRALIA
Minerals Council of Australia reported, Australia’s world-class coal mining industry can create more jobs in Australia and strengthen t ...
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- Leighton Contractors Pty Ltd - Australia
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Gujarat Sidhee Cement - India
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Makarim & Taira - Indonesia
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Coal and Oil Company - UAE
- Indian Energy Exchange, India
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Globalindo Alam Lestari - Indonesia
- Anglo American - United Kingdom
- GMR Energy Limited - India
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- PNOC Exploration Corporation - Philippines
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Vedanta Resources Plc - India
- SMC Global Power, Philippines
- Gujarat Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Carbofer General Trading SA - India
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- India Bulls Power Limited - India
- Wilmar Investment Holdings
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Bangladesh Power Developement Board
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- New Zealand Coal & Carbon
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Meenaskhi Energy Private Limited - India
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- The University of Queensland
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- McConnell Dowell - Australia
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Madhucon Powers Ltd - India
- Chettinad Cement Corporation Ltd - India
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
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